Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

3035 New Hvn Ave West Melbourne, FL 32904

OFF-MARKET
Retail space
Property ID
US18-0698638
5,442 SF 0.74 ac lot Built 1963
Last sale Jan 2025 · $3,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional investment opportunity presents a 1,900 square foot retail property, currently leased to Fifth Third Bank under a 20-year absolute NNN ground lease. The property boasts a 4.50% cap rate and a strong NOI of $180,000, with rent bumps of 10% every five years. Situated on a 0.74-acre lot at 3035 W New Haven Ave, Melbourne, FL 32904, this bank enjoys a prime location in a high-income area, near major retailers like Home Depot, Lowe's, Target, Sam's Club, and Publix. The property…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value$1.02M
Assessed land$449k
Assessed improvement$567k
Effective rate1.50%

Value estimate

· Oct 2026
$1.65M
$1.48M – $1.81M
AI approach$1.79M
Submarket $/SF estimate$1.40M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$172/SF
Submarket average, outlier-cleaned · 113 recorded sales of this use type
Observed band · Q1–Q3$89 – $258
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility12.1
Parking Facility12.1
Auto Repair Shop11.8

Location

3035 New Hvn Ave West Melbourne, FL 32904-3605
County assessor Recorded deeds · 7 transfers 8 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
205 Wickham, Melbourne, FL 32904-1133 $1,300,551 Feb 2025 7,544 SF
3435 Minton, West Melbourne, FL 32904-8814 $1,400,000 Nov 2024 3,315 SF
465 Wickham, West Melbourne, FL 32904-1137 $4,200,000 Dec 2022 4,679 SF
2120 New Hvn, West Melbourne, FL 32904-3804 $3,020,000 Jul 2022 4,165 SF
4026 Dairy, Melbourne, FL 32904-7636 $1,425,000 Jul 2021 4,135 SF
4450 New Hvn, Melbourne, FL 32904-3322 $1,300,000 May 2021 4,260 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3035 New Hvn Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved